Lukoil

Lukoil PJSC Chairman Ravil Maganov died after falling from a window in a Moscow hospital, according to Russian media reports.

Russian energy firm Lukoil said Thursday its chairman Ravil Maganov had passed away following a "serious illness", after Russian media reports said he died after falling out of a hospital window.

Ravil Maganov was born in 1954. He had worked at Lukoil since 1993 and was appointed the company's chairman in 2020.

The chief executive of Russia's oil giant Lukoil, who has called for a swift end to the Kremlin's military campaign in Ukraine, announced Thursday that he was leaving the company he founded.

Russian oil company Lukoil on Friday predicted that oil prices, which have more than halved since June last year, could plunge as low as $25 per barrel.

Some oil companies are pulling foreign staff from Iraq, fearing Sunni militants from the north could strike at major oilfields concentrated in the Shi'ite south despite moves by the Baghdad government to tighten security.

Iraq had in March shortlisted seven firms including Reliance Industries to bid for the project. Others shortlisted at that time included French energy giant Total, Russia's Lukoil, CNPC of China and American firm Brown Energy.

China's biggest energy firm, PetroChina, will join Exxon Mobil in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil to buy into a second project at the field, industry sources said.

Oil prices have room to increase further, the head of its emerging markets group Mark Mobius said on Tuesday.

Lukoil PJSC Chairman Ravil Maganov died after falling from a window in a Moscow hospital, according to Russian media reports.

Russian energy firm Lukoil said Thursday its chairman Ravil Maganov had passed away following a "serious illness", after Russian media reports said he died after falling out of a hospital window.

Ravil Maganov was born in 1954. He had worked at Lukoil since 1993 and was appointed the company's chairman in 2020.

The chief executive of Russia's oil giant Lukoil, who has called for a swift end to the Kremlin's military campaign in Ukraine, announced Thursday that he was leaving the company he founded.

Russian oil company Lukoil on Friday predicted that oil prices, which have more than halved since June last year, could plunge as low as $25 per barrel.

Some oil companies are pulling foreign staff from Iraq, fearing Sunni militants from the north could strike at major oilfields concentrated in the Shi'ite south despite moves by the Baghdad government to tighten security.

Iraq had in March shortlisted seven firms including Reliance Industries to bid for the project. Others shortlisted at that time included French energy giant Total, Russia's Lukoil, CNPC of China and American firm Brown Energy.

China's biggest energy firm, PetroChina, will join Exxon Mobil in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil to buy into a second project at the field, industry sources said.

Oil prices have room to increase further, the head of its emerging markets group Mark Mobius said on Tuesday.